[ 527‑5] Transfer on death deed authorized. An individual may transfer property, effective at the transferor‘s death, to one or more beneficiaries by a transfer on death deed; provided that, with respect to property of which any portion is registered in the land court, transfer is subject to the requirement in section 527‑13(a)(1) regarding submittal of a petition to the land court.
Terms Used In Hawaii Revised Statutes 527-5
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Property: means an interest in real property located in this State that is transferable on the death of the owner. See Hawaii Revised Statutes 527-2
- Transfer on death deed: means a deed authorized under this chapter. See Hawaii Revised Statutes 527-2
- Transferor: means an individual who executes a transfer on death deed. See Hawaii Revised Statutes 527-2